BIBA 2018: Innovation Zone and Hackathon Challenge

Insurtech is THE buzzword across the industry and brokers all over the UK will be trying to find ways of saving time, handling data better, tracking claims progress and finding new customers using the best SEO and social media marketing techniques. All that, and more, will be showcased in the BIBA Innovation Zone, where a team of experts will be on hand to answer questions and offer advice.

Don’t be afraid to ask geek related queries – that’s what the Zone is all about.

Then there is the BIBA Innovation Challenge. A six-hour hackathon for teams to come up with clever, or perhaps blindingly obvious solutions to help make your business better or more efficient. LexisNexis are sponsoring the Hackathon Challenge and they told Insurance-Edge.Net;

“As a business that was promoting the power of big data before big data became cool, it is a natural fit for us to sponsor the BIBA 2018 Hackathon, The Innovation Challenge. Data and digitisation is transforming the insurance sector and through big data technology and predictive analytics, brokers are now able to leverage customer data at point of quote to make smarter decisions for their business and their insurance partners. We hope the Hackathon will inspire some new ideas and ways to challenge the status quo.”

Our hackathon will help to demystify InsurTech and showcase the type of innovation that is going on right now and how it can help the sector. BIBA hopes it will inspire firms to look at how, through continuing evolution, we can continue to stay relevant in the digital age.

Many within the industry are keen to see the results of the Hackathon, Adam Gooch from Insure Telematics Solutions said;

‘We are delighted to see the industry pulling together to find tech solutions that could add real value for brokers. At ITS we are using the latest AI and machine learning technology to ensure our Telematics solution does just this. The more the industry focuses and adopts technology the better for everyone involved.”

The BIBA Hackathon Manchester – How Does it Work, Who Can Enter?

The teams will start their challenge at 08.30 on Wednesday May 16 in the hack zone, located just outside the exhibition hall near the Charter seminar rooms. Visitors will be able to view the teams over the next six hours as they grapple with facts, figures, data and research to see who can come up with the most innovative solutions.

The trophy will be presented by Martha Lane Fox, founder of Lastminute.com.

Each team will present to our panel of judges in the afternoon and the winner will be announced in the morning keynote session on Thursday May 17 when their big idea will be shared with the conference audience. That deadline should concentrate minds!